Central Electricity Regulatory Commission (CERC)

Govt Body Type  : Statutory
​Established          : 1998

Central Electricity Regulatory Commission (CERC), a key regulator of power sector in India, is a statutory body functioning with quasi-judicial status under  the Electricity Act 2003.The Central Electricity Regulatory Commission (CERC) had been established by the Government of India under the provisions of the Electricity Regulatory Commissions (ERC) Act, 1998. CERC is the Central Commission for the purposes of the Electricity Act, 2003 which has repealed the ERC Act, 1998. The Commission consists of a Chairperson and four other Members including Chairperson, Central Electricity Authority who is the ex-officio Member of the Commission.
Major functions of CERC under the Act, inter-alia, are –

• to regulate the tariff of generating companies owned or controlled by the Central Government,
• to regulate the tariff of other generating companies having a composite scheme for generation and sale of electricity in more than one State,
• to regulate the inter-State transmission of electricity and to determine tariff for such transmission of electricity, etc.

Under the Act, CERC shall also advise the Central Government on-

• formulation of National Electricity Policy and Tariff Policy;
• promotion of competition, efficiency and economy in activities of electricity industry;
• promotion of investment in electricity industry; and
• any other matter referred to the Central Commission by the Government.